DOCN looks like it could be a really winner in time, but right here it is a dangerous recently added stock.
It is showing bearish divergence on D RSI and looks to be forming a head and shoulders or some kind of breakdown pattern. RSI currently testing the centre point so good chance a downtrend is coming.
First I will be looking to see how impulsive the down trend will be.
It it is reasonable gentle to the downside then I will consider to buy when RSI overbought.
I will not be shorting.
Not advice
It is showing bearish divergence on D RSI and looks to be forming a head and shoulders or some kind of breakdown pattern. RSI currently testing the centre point so good chance a downtrend is coming.
First I will be looking to see how impulsive the down trend will be.
It it is reasonable gentle to the downside then I will consider to buy when RSI overbought.
I will not be shorting.
Not advice
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Priority trades, round the clock updates and a 1 hour technical video per week 😼.
Make gains, learn technicals 🚀.
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Contact: t.me/dRends35